UOG Hits 12.5 Meters of Net Oil from ASD-3 in Abu Roash Reservoir

UOG Hits 12.5 Meters of Net Oil from ASD-3 in Abu Roash Reservoir

United Oil and Gas Company (UOG) announced that it has encountered a total of 12.5 meters of net oil pay across the primary Abu Roash reservoir while testing ASD-3 development well located in Abu Sennan license onshore Egypt.

The company said that it has hit 3 meters of net pay in the Abu Roash C reservoir (AR-C) and 9.5 meters of net pay in the Abu Roash E (AR-E), in line with pre-drill expectations.

After testing, the Abu Roash C reservoir (AR-C) achieved 730 barrels per day (bbl/d) gross, while the Abu Roash E (AR-E) achieved 684 (bbl/d) gross.

The company said that these results of flow rates are in line with pre-drill expectations. “A decision on which reservoir to initially bring onstream will be made in the coming days, after gauges have been recovered from the well, however United expect the well to come on production with an initial gross rate of between 500 and 600 bbl/d,” UOG added.

On this occasion, UOG’s CEO, Brian Larkin commented: “ASD-3 is the second successful well in our 2023 drilling program, delivering additional production and revenue to United as the well is brought into production through existing facilities. Discussions are underway with our JV partners on plans to maximize the economic return from the potentially large in-place volume on ASD that this result has indicated.”

“Alongside this our workover program continues on the license, aiming to deliver optimum production from all of our existing wells. We will update the market on our future Abu Sennan drilling plans once the JV partners have fully evaluated the drilling results from the first two wells drilled this year,” added Larkin.

 

 

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